YieldMax Semiconductor Portfolio Option Income ETF

YieldMax Semiconductor Portfolio Option Income ETF is an actively managed ETF focused on the semiconductor industry. CHPY seeks to generate current income and, secondarily, capital appreciation by holding a concentrated portfolio of publicly traded semiconductor companies and using options strategies, including selling call spreads, to collect option premiums. The fund combines direct equity exposure with an income-oriented derivatives overlay, allowing it to participate in share price movements while emphasizing regular distributions. Its holdings are selected across semiconductor designers, manufacturers, equipment makers, and related technology businesses, giving it broad exposure to a key segment of the global technology market. CHPY is designed for investors seeking access to semiconductor equities through a portfolio built around income generation and disciplined options management.